ChronosCoin ★★★ Pure POS now ★★★ Penny Auction soon

Hi guys, please take a look to this coin, i think this project can be sucessfull have a great Dev and a great community.

Original thread on Bitcointalk is here https://bitcointalk.org/index.php?topic=1544723.0

Penny auction web
(http://PENNYAUCTION.CLICK)

A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid.
The auction ends after a period of time, typically ten to twenty seconds, without new bids; the last participant to have placed a bid wins the item and also pays the final bid price, which may be significantly lower than the retail price of the item.

Many people don’t know much about penny auction websites and the different benefits they can get while visiting one of them. These sites make the process of shopping for any number of items easier and more cost effective. You can easily get some items at a fraction of their normal price.

One thing that makes people enjoy these penny auctions is that the process is very exciting. During the bidding process you will be able watch your bids increase as you get into the bidding war over any item you’re hoping to own. You can find items at much lower prices than department stores. This means you can do all the shopping right from the comfort of your home while saving large amounts of money, and to do this all you need to do is log on to pennyauction.click (when active)

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Dividends from earnings (fees from Web auction bussines and Penny auction) will be distributed to the holders of Chronos.
To get a share you will have to own at least 0.5% of total supply.
2 shares will represent 1% of total supply. It means 200 shares are 100 % of supply.

example:
Web will earn 200 000 CRX from fees. (x day frame)
200 000 CRX / 200 shares = 1 share will get 1 000 CRX (in this time frame)

Dividents will be distributed via blockchain. Every wallet keeping more than 0.5% of total supply will get a share.

***Penny Auction Basics
Penny auction sites list items for auction starting at $0.01 and a count down timer.
Each time someone bids on the item, the items price is increased by one penny and 5-10 seconds are added to the count down timer.
When the count down timer reaches zero the auction ends. The last person to bid wins the opportunity to purchase the item at it’s auctioned price off price (usually a huge savings).
You win if you are the last bidder and the clock reaches zero.

Penny auctions sites from the bidder perspective (average Joe).

To bid on an auction, you must purchase bids. Bids usually cost between $0.50 and $1 per bid.
Your goal is to win an auction spending as few bids as possible.

We can use crypto for it. For example put 1 BTC in penny auction . And start at one CRX.

PD: i´m not from the dev team, i just want to spread the word because we see a dedicated Dev on this coin.